GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Corteva Inc (NYSE:CTVA) » Definitions » 3-Year Dividend Growth Rate
中文

Corteva (Corteva) 3-Year Dividend Growth Rate : 6.00% (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Corteva 3-Year Dividend Growth Rate?

Corteva's Dividends per Share for the three months ended in Dec. 2023 was $0.16.

The historical rank and industry rank for Corteva's 3-Year Dividend Growth Rate or its related term are showing as below:

CTVA' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 6   Med: 18.35   Max: 30.7
Current: 6

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Corteva was 30.70% per year. The lowest was 6.00% per year. And the median was 18.35% per year.

CTVA's 3-Year Dividend Growth Rate is ranked worse than
75% of 96 companies
in the Agriculture industry
Industry Median: 21.6 vs CTVA: 6.00

During the past 12 months, Corteva's average Dividends Per Share Growth Rate was 6.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Corteva's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.07. As of today, Corteva's Dividend Yield % is 1.15%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Corteva's 3-Year Dividend Growth Rate

For the Agricultural Inputs subindustry, Corteva's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corteva's 3-Year Dividend Growth Rate Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Corteva's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Corteva's 3-Year Dividend Growth Rate falls into.



Corteva 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Corteva  (NYSE:CTVA) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Corteva's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.16/ 0.15
=1.07

During the past 8 years, the highest Dividend Payout Ratio of Corteva was 0.35. The lowest was 0.18. And the median was 0.25.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Corteva Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1602024-02-292024-03-012024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-11-302023-12-012023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1602023-08-312023-09-012023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.1502023-05-312023-06-012023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Corteva's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.63/54.77
=1.15 %

Current Share Price is $54.77.
Corteva's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.63.

During the past 8 years, the highest Dividend Yield of Corteva was 2.05%. The lowest was 0.45%. And the median was 1.12%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Corteva 3-Year Dividend Growth Rate Related Terms>


Corteva (Corteva) Business Description

Industry
Address
974 Centre Road, Wilmington, DE, USA, 19805
Corteva is an agriculture pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop chemicals products. Seeds and crop protection chemicals each make up around half of profits. Although Corteva operates globally, around half of revenue comes from North America.
Executives
Samuel R Eathington officer: SVP, Chief Technology Officer C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Robert D. King officer: EVP, Crop Protection Business C/O CORTEVA, INC., 9330 ZIONSVILLE ROAD, INDIANAPOLIS IN 46268
Timothy P Glenn officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Fuerer Cornel B director, officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
David J Anderson officer: EVP, Chief Financial Officer C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Charles V. Magro director, officer: CEO C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Audrey Grimm officer: See Remarks C/O CORTEVA, INC., 9330 ZIONSVILLE ROAD, INDIANAPOLIS IN 46268
Klaus A Engel director C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Meghan Cassidy officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Brian Titus officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Rajan Gajaria officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122
Kerry J Preete director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
David C Everitt director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Karen H. Grimes director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034

Corteva (Corteva) Headlines